Tech Company Financing Transactions
SatLayer Funding Round
SatLayer, based in Miami, raised $8 million in funding from Castle Island Ventures, Hack VC and Franklin Templeton.
Transaction Overview
Company Name
Announced On
8/26/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
Castle Island Ventures (Lead Investor)
Hack VC (Lead Investor)
Proceeds Purpose
The company intends to use the funds to bring its product to the Bitcoin market.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Miami, FL Undisclosed
USA
Miami, FL Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
SatLayer unleashes the possibilities of BTC, the world's best economic collateral, to secure any type of dApp or protocol as an Bitcoin Validated Service (BVS), fundamentally upgrading security for all of crypto.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 8/26/2024: Botanical Solutions venture capital transaction
Next: 8/26/2024: U2U Network venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs